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Board of Hindustan Construction Company approves debt resolution plan

India's Chennai Metro Rail awards contract for viaduct construction

India’s Chennai Metro Rail awards contract for viaduct construction 13 May 2021 (Last Updated May 13th, 2021 15:22) The joint venture of Hindustan Construction Company and KEC International wins Chennai Metro Rail contract. Share Article Chennai Metro Rail in India has awarded a contract to a joint venture (JV) comprising Hindustan Construction Company (HCC) and KEC International for the construction of a 7.95km elevated viaduct section on Corridor 4. Under the $155m (Rs11.47bn) contract, the JV will also be responsible for the construction of nine elevated stations on Corridor 4 of phase II of the Chennai Metro. The contract will cover architectural works, civil works, plumbing and drainage and temporary services according to the client’s requirements.

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L&T to build Chennai Metro's 12-km underground stretch at Corridor-III in 52 months

L&T to build Chennai Metro s 12-km underground stretch at Corridor-III in 52 months The tender to construct 12 km twin bored tunnels from Kellys to Taramani Road Junction also involves construction of diaphragm walls of station box and entry and exit structures of various stations. Share Via Email   |  A+A A- By Express News Service CHENNAI: Tenders are being finalised for the third and fourth corridor of Chennai Metro Rail with Larsen and Toubro planning to complete the 12 km underground stretch from Kellys Station to Taramani Road junction in approximately 52 months. Both the tenders are worth between Rs 2,500 to Rs 5,000 crore, spokesperson said.

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L&T Share Price: Stocks in news: L&T, Cipla, DRL, Vedanta, Happiest Minds and Macrotech Developers

Explore Now Nifty futures on the Singapore Exchange traded 179 points, or 1.23 per cent, higher at 14,686.50, signalling that Dalal Street was headed for a positive start on Friday. Here are a dozen stocks which may buzz the most in today s trade: L&T, DRL and Cipla: Larsen & Toubro, Dr. Reddy s Laboratories Cipla, Balkrishna Industries, Macrotech Developers, Aditya Birla Capital, Oberoi Realty, Escorts, SKF India and Cholamandalam Finance Holdings are among companies that will announce their March quarter results today. Vedanta: Anil Agarwal s metal and mining firm reported a consolidated profit of Rs 6,432 crore for March quarter 2020-21 on the back of various factors, including better volumes and lower cost of production. It had posted a loss of Rs 12,521 crore in the year-ago period.

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HCC-KEC JV bags Rs 1147 crore contract from Chennai Metro Rail

Hindustan Construction Company (HCC), in a joint venture with KEC International (KEC), has been awarded Rs.1,147 crore contract by Chennai Metro Rail for the construction of 7.95 km elevated viaduct section and nine elevated stations on Corridor 4 of phase II of the Chennai Metro. HCC share in the JV is 51% (i.e. Rs 585 crore). The scope of work involves civil works, architectural works, plumbing & drainage and temporary services as per the client s drawings. The nine elevated stations include Chennai Bypass Crossing, Rarriacharidra Hospital, lyyaparithangal Bus Depot, Katupakkam, Kumanan Chavadi, Karayan Chavadi, Mullai Thottam, Poonamallee Bus Terminus, Poonamallee Bypass. The work is to be completed in 36 months.

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